I felt like a fish out of water.
A few years ago, I traveled to the nation of Israel on a missions trip.
Yes, there were signs in English. And, yes, there were English-speaking people in Israel. But still, there was enough Hebrew, Arabic, and other European languages being spoken there that I was grasping at what I was hearing, trying to figure out important details about my journey.
The tour hosts and guides gave us some basic Hebrew words and their meanings, but that only took our little missions team so far. We were going to be there for two weeks and then fly home, so probably not very many of us took the Hebrew language very seriously.
We struggled through those language barriers as best we could and then flew back to the States. We were safely back in our English-speaking comfort zone.
What if I made a permanent move to Israel, though? What then? I don’t think faking it through the Hebrew language would do me any good. I would struggle for a very long time. I would be reliant others to translate important information.
The best step I could take would be to learn the language so that there would be no barriers between me and the Israeli people. A wise decision on my part would be to take language classes, listen to audio recording lessons, use computer software, and hire a tutor. Then, I would be completely immersed in that culture. I would not only survive, but I would thrive through knowing the language.
Just like a foreign language, personal finance has a “language” all its own.
Many people feel there are way too many barriers to this particular language, so they resort to faking it through their financial journey. They want to stick their fingers in their ears and shout “La, la, la … I can’t hear you” so they don’t have to deal with the foreign land of personal finance.
But, the land of personal finance is not a speedy, two-week trip. Whether we like it or not, our financial lives are the journey of a lifetime. We can choose to win or lose. All it takes is making the choice to win, setting goals, getting help, and learning this language called personal finance.
But, in the end, the majority of us don’t follow this path. We won’t win with our finances.
Lifetime Language Learning
Instead of fighting the language of personal finances, we need to spend a little time and money to learn this language. We need to get in a Crown Financial Bible Study. We need to buy an FPU kit and go through Dave Ramsey’s Financial Peace University. We need to read books such as The Wealthy Barber, The Automatic Millionaire, Rich Dad, Poor Dad, and The Millionaire Mind.
We should know and understand software such as Quicken, and Excel. We should utilize online banking. We should take advantage of websites such as Mint.com. We should automate our finances as much as possible. We should seek out the advice and knowledge of financial professionals.
This is not a “one and done” kind of process, either. Learning the language of personal finance especially in today’s high-tech world needs to become a lifelong learning process. The tips and tricks of finance are constantly evolving. Yes, there are some basic, foundational principles that will never change, but there will be some other important high finance approaches that will change given shifts in the economy.
We all need to embrace the language of personal finance and make the choice to win with money.
Questions: Are you afraid to learn the language of personal finance? Why or why not? What steps are you taking now to stay current in your financial journey?